BlackRock, Inc. (BLK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	27.3B	24.2B	20.4B	17.9B	17.9B
Cost of Revenue	12.1B	12.9B	10.3B	9.3B	9.2B
Gross Profit	15.2B	11.3B	10.1B	8.6B	8.7B
Operating Expenses
R&D Expense	—	—	674.0M	607.0M	—
SG&A Expense	2.8B	2.6B	2.3B	2.1B	2.1B
General & Admin Expense	2.5B	2.3B	1.9B	1.8B	1.8B
Selling & Marketing Expense	284.0M	373.0M	314.0M	309.0M	255.0M
Other Expenses	3.9B	1.6B	(419.0M)	(398.0M)	245.0M
Total Operating Expenses	6.7B	4.3B	2.5B	2.3B	2.3B
Cost and Expenses	18.8B	17.2B	12.8B	11.6B	11.5B
Operating Income (EBIT)	8.5B	7.0B	7.6B	6.3B	6.4B
Non-Operating
Interest Income	374.0M	685.0M	767.0M	473.0M	152.0M
Interest Expense	468.0M	706.0M	538.0M	292.0M	212.0M
Net Interest Income	(94.0M)	(21.0M)	229.0M	181.0M	(60.0M)
Other Non-Op Income/Expense	670.0M	576.0M	721.0M	880.0M	(95.0M)
Non-Operating Income (excl Interest)	(821.0M)	60.0M	(104.0M)	(71.0M)	(94.0M)
EBT (Pre-Tax Income)	9.2B	7.6B	8.3B	7.2B	6.3B
Income Tax Expense	2.0B	1.7B	1.8B	1.5B	1.3B
Bottom Line
Net Income	6.6B	5.6B	6.4B	5.5B	5.2B
Earnings from Cont. Ops	7.1B	5.9B	6.5B	5.7B	5.0B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	6.6B	5.6B	6.4B	5.5B	5.2B
Per Share
Basic EPS	$42.39	$35.83	$42.45	$36.85	$34.31
Diluted EPS	$41.84	$35.31	$42.01	$36.51	$33.97
Revenue Per Share	$175.90	$156.23	$136.01	$119.62	$118.43
Shares
Basic Shares Outstanding	155.2M	155.0M	150.0M	149.3M	150.9M
Diluted Shares Outstanding	164.8M	160.9M	151.6M	150.7M	152.4M
Profitability Metrics
EBITDA	10.7B	7.8B	8.2B	6.8B	6.9B
D&A	1.4B	775.0M	529.0M	427.0M	418.0M
EBIT	9.3B	7.0B	7.7B	6.3B	6.5B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026